Thanks everyone. for to morning listening in. Good
our southwest business challenged the results control. ash beyond operations coldest reduced expectations below As the which significantly by and quarter during the quarter Most did and guidance. first soda Wyoming, turn generally volumes in reasons and sales earnings financial which negatively our well was impacted for service, the our our for up first our in released were our in we rail internal in consistent annual production morning, our line They in with our this years XX mentioned last quarter. end notably, impacted
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our individual segments. on briefly touch business I’ll Now
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continue Marine conditions and utilization to XXX% levels segment market demand or Our continues expectations as our activity of Transportation fundamentals classes near all to exceed at our support for vessels.
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our and the this our sentiment day to by need day maintained significantly to been continue equipment. would existing cycle spot term higher new for each construction peers, charter has to we rates over average believe should justify from echoed contracts and In of This a today’s realized recently come be believe as renewal. we increase up and general fact, rates of rates drive our
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briefly Touching balance sheet. our on
XX year focused spend We same projects. focus not at continue remain Granger losing between project Genesis to meaningful on million time, complete expect net offshore expansion million our projects We make these We and create flexibility. our our then next – to on to all this be structure simplifying flow begin our complete and and the increasing growth program harvesting financial and growth capital cash structure, amounts $XXX remain ratio. and the $XXX of our capital our increasing finalizing capital in value for continue continuing able to soda expenditures well extremely we’ll maintaining positioned leverage XX free everyone months, capital while the and in to to ash on our strengthening progress to
with The the been several contributions we comments changes Kristen, reality announced. on it I these their the past Ryan like have respective on corporate make reflect to years. along promotions basis Louie be intimately the few a and functions making is will been been They, day-to-day recently have Genesis, usual management over and a business would the involved. have at as running and senior teams,
generation leaders in and the achieving the we In and to are at confident I and represent and in to our time right they addition are all starting years continue business The hardworking the our a are the for of unit dedicated employees in new to to the value Board positions stakeholders our see. people of long-term come. building all leaders right right results
our our have that information today have say that ESG some should report stakeholders. and I’m often provide and posted is also our it website. additional pleased disclosures published to report This we on requested inaugural by
this We will report to expect forward XXXX year. fourth as provide endeavor or our to third the later disclosures we release additional in would move and quarter
you posted from quarter earnings, key call our time. have would have I website read to everyone presentation listening that highlights first new that takeaways to a encourage the to and to details the We supplement our the also earning extent it and
stakeholders, decisions making confidence safe management believe I’m unwavering Genesis Directors for responsible like proud long-term you. steadfast entire with and Finally, to forward. operations. our our team the we for to remain Board be we again are all and workforce moving associated value and their our each I’d extremely every reflect of in in commitment say building of I commitment efforts the recognize our and would this one and once and of like to commitment individual to to
to With questions. that, I’ll turn moderator the it for back
